147 Steuben Street, Syracuse, NY 13208

Property Description

Excellent investment opportunity in the heart of Syracuse! This front-to-back two-unit property offers strong income potential with room to grow. The front unit features 1 bedroom and 1 full bath kitchen and living room and is currently vacant, providing an excellent opportunity for an owner-occupant or investor to place a new tenant at an estimated market rent of 900/month. The rear unit offers 3 bedrooms and 1 full bath, kitchen, living room and dining room and is tenant occupied at $1,000 a month. Rent for this unit is currently below market value leaving leaving potential for increased cash flow and excellent income potential with projected gross annual rents of approximately $22,800 based on market rents. Conveniently located near downtown, shopping, dining, public transportation and major highways. This is a great opportunity for investors or buyers seeking an owner-occupied multi-family property with supplemental income potential. Vacant unit and basement can be shown anytime, occupied unit needs a minimum of 24 hours notice to show.